Fred's (FRED) Tops Q1 EPS by 1c; Comps Rose 1%

Fred's (NASDAQ: FRED) reported Q1 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $549.55 million versus the consensus estimate of $553.9 million.

Comparable store sales increased 1.0% for the first quarter versus an increase of 0.8% in the first quarter of last year.

For earnings history and earnings-related data on Fred's (FRED) click here.

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